L’Air Liquide S.A. (OTCMKTS:AIQUY) Shares Purchased by Rhumbline Advisers

Rhumbline Advisers increased its stake in L’Air Liquide S.A. (OTCMKTS:AIQUY) by 5.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,579 shares of the basic materials company’s stock after purchasing an additional 3,371 shares during the quarter. Rhumbline Advisers’ holdings in L’Air Liquide were worth $1,986,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Kornitzer Capital Management Inc. KS acquired a new stake in L’Air Liquide during the third quarter valued at $202,000. Moloney Securities Asset Management LLC lifted its stake in shares of L’Air Liquide by 7.4% in the third quarter. Moloney Securities Asset Management LLC now owns 38,951 shares of the basic materials company’s stock worth $1,506,000 after buying an additional 2,667 shares during the last quarter. Finally, Hancock Whitney Corp boosted its holdings in L’Air Liquide by 8.7% during the third quarter. Hancock Whitney Corp now owns 16,872 shares of the basic materials company’s stock valued at $652,000 after acquiring an additional 1,356 shares during the period. Hedge funds and other institutional investors own 0.01% of the company’s stock.

L’Air Liquide Stock Up 2.6 %

Shares of AIQUY opened at $37.62 on Tuesday. The stock has a 50 day simple moving average of $34.23 and a 200-day simple moving average of $35.25. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.77 and a quick ratio of 0.57. L’Air Liquide S.A. has a 1 year low of $31.68 and a 1 year high of $39.54.

Analyst Upgrades and Downgrades

Separately, Redburn Atlantic raised shares of L’Air Liquide from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 24th.

L’Air Liquide Profile

L'Air Liquide SA provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa. It operates in Gas & Services, Engineering & Construction, and Global Markets & Technologies segments. The Gas & Services segment comprises large industries business, which offers gas and energy solutions including oxygen, nitrogen, argon, hydrogen, and carbon monoxide, as well as operates cogeneration plants to supply steam and electricity to metals, chemicals, refining, and energy industries; and industrial merchant business line provides industrial gases, equipment, hardgoods, and associated services to materials and energy, automotive and manufacturing, food and pharmaceuticals, technology and research, and craftsmen and retail sectors.